THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000)

KILLER99 · 1 Colombo Fort Land & Building PLC (CFLB.N0000) Fri Feb 05, 2021 2:33 pm

KILLER99

Manager - Equity Analytics

Posts : 138
Equity Stars : 1378
Reputation : 0
Join date : 2021-01-14

Dear Investors,

The alarm has rang with recent purchase of CFLB shares by Mr. A. Rajaratnam. This will indicate coming positive result of CFLB which has profited several sectors such as
*Bitumen
*Pharma
*EBCR
*Planation and many others.

CFLB would be the next express train and still better than other company. Do your own research and read the recent dealing by Directors..

More to come Very Happy

Stay tuned on weekends

Cheers... Razz

vijay singh · 2 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Fri Feb 05, 2021 2:42 pm

vijay singh

Manager - Equity Analytics

Posts : 118
Equity Stars : 1425
Reputation : 7
Join date : 2020-10-26

KILLER, sorry to say,
pls,check financial before jump it. so many financial issues here.

KILLER99 · 3 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Fri Feb 05, 2021 2:48 pm

KILLER99

Manager - Equity Analytics

Posts : 138
Equity Stars : 1378
Reputation : 0
Join date : 2021-01-14

vijay singh wrote:KILLER, sorry to say,
pls,check financial before jump it. so many financial issues here.

I have read. This time it will be different. Very Happy

Don't Forget A. Rajaratnam is a money lover and he love to play short term.. Very Happy

Kipling · 4 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon Feb 08, 2021 9:07 am

Kipling

Expert

Posts : 736
Equity Stars : 2399
Reputation : 43
Join date : 2019-12-06

K99
Await your CFLB update in the context of huge turnaround seen in SepQ & expected to strengthen in DecQ under new Group Chairman designate SDR Arudpragadam (Led Turnaround @ Ebcr Mull Lite + Sale of Kia +Plantation exit negotiation +non family ceo for Lcey + 1:100 split for Ebcr etc).

KILLER99 · 5 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon Feb 08, 2021 9:49 am

"The Colombo Fort Land & Building Company PLC (CFLB) engages in real estate and property development business in Sri Lanka. The company also engages in the production of chemicals, paints, hardware, and building materials, pharmaceuticals products, motor vehicles and accessories, and vehicle maintenance services. In addition, the company involves in the operation of inbound tours and tourist hotels as well as food production such as tea, rubber, and desiccated coconut. Furthermore, CFLB engages in the construction business. The activities include road construction, water proofing and industrial flooring."

According to their portfolio, The Plantation sector would be most profitable business at this time. Due to high demand for TEA and RUBER, Government Exporting policies changed recent years and plantation boom is started. This is proven with DP's plantation sector's financial performance. This will sure CFLB plantation will positive support to CFLB's financial statements.

The real state boom all around the Colombo & other areas will result to CFLB's Asset value will appreciate further and consequences would be end up with strong balance sheet.

The long-term strategy of Group director finance is guide CFLB's more profit seeking organization like EBCR, DB, CW Mackie, Colonial motors etc. These will prove no longer CFLB loss making company and it will strategically reach profit line soon.

If pandemic is over, Their hotel sector will slowly start performing and will add value to CFLB.

Government construction again will touch peak in SL. This will result to again sell their product like Bitumen, Hardware items , Due to current high demand. This will ensure growth of CFLB.

more to come...

One thing sure. This will reach LKR 20.00 per share soon with plantation sector boom.

Cheers Very Happy

jason12

"The Colombo Fort Land & Building Company PLC (CFLB) engages in real estate and property development business in Sri Lanka. The company also engages in the production of chemicals, paints, hardware, and building materials, pharmaceuticals products, motor vehicles and accessories, and vehicle maintenance services. In addition, the company involves in the operation of inbound tours and tourist hotels as well as food production such as tea, rubber, and desiccated coconut. Furthermore, CFLB engages in the construction business. The activities include road construction, water proofing and industrial flooring."

According to their portfolio, The Plantation sector would be most profitable business at this time. Due to high demand for TEA and RUBER, Government Exporting policies changed recent years and plantation boom is started. This is proven with DP's plantation sector's financial performance. This will sure CFLB plantation will positive support to CFLB's financial statements.

The real state boom all around the Colombo & other areas will result to CFLB's Asset value will appreciate further and consequences would be end up with strong balance sheet.

The long-term strategy of Group director finance is guide CFLB's more profit seeking organization like EBCR, DB, CW Mackie, Colonial motors etc. These will prove no longer CFLB loss making company and it will strategically reach profit line soon.

If pandemic is over, Their hotel sector will slowly start performing and will add value to CFLB.

Government construction again will touch peak in SL. This will result to again sell their product like Bitumen, Hardware items , Due to current high demand. This will ensure growth of CFLB.

more to come...

One thing sure. This will reach LKR 20.00 per share soon with plantation sector boom.

Cheers Very Happy

David VKMS · 7 THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue May 18, 2021 10:46 am

THE COLOMBO FORT LAND & BUILDING PLC

Kipling · 8 K Tue May 18, 2021 5:25 pm

Kipling

Expert

Posts : 736
Equity Stars : 2399
Reputation : 43
Join date : 2019-12-06

Keep in mind 2 Properties- 156p in heart of Fort (owner by cflb directly) & 206p in union place,Colombo 2(owned by Colo which is 65%held by cflb) is carried at historical value. As per AR 19/20 market value is 5Bn more & these valuations also done 2-3 years before March 2020. This adds 20 to NAV. I am told based on current valuations actual variance minimum 10Bn that is NAV boost by 40. Further as per last QR seems non controlling interest overstated. (See NCR for SepQ & DecQ). Will be corrected during audit.

THUWA · 9 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue May 18, 2021 8:23 pm

THUWA

Manager - Equity Analytics

Posts : 122
Equity Stars : 3915
Reputation : 28
Join date : 2014-01-24

Kipling wrote:Keep in mind 2 Properties- 156p in heart of Fort (owner by cflb directly) & 206p in union place,Colombo 2(owned by Colo which is 65%held by cflb) is carried at historical value. As per AR 19/20 market value is 5Bn more & these valuations also done 2-3 years before March 2020. This adds 20 to NAV. I am told based on current valuations actual variance minimum 10Bn that is NAV boost by 40. Further as per last QR seems non controlling interest overstated. (See NCR for SepQ & DecQ). Will be corrected during audit.

Well said bro, you are genius

Wolf86

Wolf86

Senior Equity Analytic

Posts : 81
Equity Stars : 1368
Reputation : 0
Join date : 2020-11-12

It just started. 10 million ++ over Rs 14 ...

cseguide

cseguide

Vice President - Equity Analytics

Posts : 1332
Equity Stars : 6376
Reputation : 56
Join date : 2011-04-20

REPORT top 20 number 14 MR N .Perera ?

Thushara Ayya

Thushara Ayya

Moderator

Posts : 1191
Equity Stars : 7194
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

Already I have mentioned this a week ago @ Rs. 12/-

Wolf86

Wolf86

Senior Equity Analytic

Posts : 81
Equity Stars : 1368
Reputation : 0
Join date : 2020-11-12

This time must touch 20 +++

sureshot · 14 CFLB.......COLOMBO FORT LAND PLC Mon Oct 04, 2021 10:04 pm

sureshot

Vice President - Equity Analytics

Posts : 1221
Equity Stars : 7675
Reputation : 19
Join date : 2011-04-26

Watch CFLB ....
Neglected share.

Chathur

Chathur

Manager - Equity Analytics

Posts : 123
Equity Stars : 1428
Reputation : 0
Join date : 2020-10-15

This will up soon..

skyfall

skyfall

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 5349
Reputation : 8
Join date : 2014-02-22

One of the most undervalued share in the market. No one really knows how big this company is. Had a few bad years but now coming back strongly. LANKEM comes under CFLB as well.

Kipling

Kipling

Expert

Posts : 736
Equity Stars : 2399
Reputation : 43
Join date : 2019-12-06

Ebcr has upped dividend from 0.18 (adjusted for subdivision) to 1.00. 456% hike. Seems SDR Arudpragasam determined to usher in a minority shareholder friendly, dynamic, high growth (see TO & PAT performance) & low debt future for the Group.

From Twitter - A response to Dr Miracle Stocks

skyfall

skyfall

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 5349
Reputation : 8
Join date : 2014-02-22

Too many companies come under CFLB. Lankem, EBCR some hotels .
CFLB is a massive company

Rupee devaluation has a direct positive benefit to their profit margins in coming months.

Kipling

Kipling

Expert

Posts : 736
Equity Stars : 2399
Reputation : 43
Join date : 2019-12-06

Yes. Just checked.
Many unlisted SBUs plus following listed companies.
Cflb
Cwm Ebcr mull lite Lcey
Cfl CIT Colo
Kota Ldev
Sigv Mara Beru

skyfall

skyfall

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 5349
Reputation : 8
Join date : 2014-02-22

Hats off to @cseguide

[size=33]Why i am saying CFLB is a hidden gem[/size]
[size=33]·         [/size][size=33]40 billion turnover company[/size]
[size=33]·         [/size][size=33]They have about 40 subsidiaries belong to CFLB[/size]
[size=33]·         [/size][size=33]It's land bank in heart of Colombo[/size]
[size=33]·         [/size][size=33]investment in [/size][size=33]Quoted and non Quoted Companies[/size]

[size=33]2019[/size]
[size=33]"High-interest rates, high taxes, subdued demand as a result of low consumer spending, and weak commodity prices have all had an impact on the performance of the Group." Chairman saying in 2019 Annual report.[/size]
[size=33]2020[/size]
[size=33]But in this year.(2020) Interest rate reduced to all time low.[/size]
[size=33]·         [/size][size=33]interest expenses will reduce sharply resulting higher profit in this year[/size]
[size=33]·         [/size][size=33]Vat reduced and consumer spending recovering higher income from all sectors.[/size]

[size=33]In 2019[/size]
[size=33]" The steep decline in tea prices witnessed at the Colombo Auction as well as continued weakness in the global[/size]
[size=33]the market for Natural Rubber has seen both the Group’s Plantation companies run at a significant loss."[/size]
[size=33]In 2020[/size]
[size=33]Good Tea and Rubber prices both have a greater impact on their plantation losses to reduce and come to come profitability[/size]

They have about 40 subsidiaries belong to CFLB (page 83 of annual report 2019) Some had greater run recently reflecting their share price to increase due to either reducing their losses or recording healthy profits
I am only giving few of them here.

Subsidiary	Effective holding by CFLB	2019 march price	2020 oct. 2 price	PRICE CHANGE %
CWM	38%	36	45.00	25%
KOTA	61%	5	8.10	62%
LDEV	47.3%	2.2	5.60	154%
LITE	31%	9	17.10	90%
COLO	65%	50	80.00	60%
YORK	50%	60	110.00	83%
MARA		1.20	2.30	91%
Average growth %				80%

	2019 march price	2020 oct. 2 price	PRICE CHANGE %
CFLB	Rs 9.50	Rs 13.90	46

Comparing the above figure we can clearly see that the price increase of its subsidiaries are not reflected in CFLB share price. some of its subsidiaries have increased there prices over 80% ( LDEV 154%, LITE 90%). Therefore we can see that CFLB share price has a clear upward revision to come to its fair value. Not only that subsidiaries like COLO are still greatly undervalued compare to their peers like CINV and GUAR.

Sunquick Lanka (Private) Limited
C.W. Makie PLC has a 49% interest in Sunquick Lanka (Private) Limited, a joint venture formed for the purpose of manufacturing, processing, and marketing Co-Ro’s products in the form of concentrates and ready to drink (RTD) products marketed under the’Sunquick’ brand.

NAV of CFLB 22.73 (on June 2020). Is a 40 billion turnover company and just trading its shares for 13.90 Rs. compare to 2-3 billion some companies trading their shares in similar range. In addition to all these, it has a great company to cope with the current agriculture-related businesses. It is LANKEM CEYLON PLC. it has considerable share in agric product segments like agrochemicals and plantations.
Other two strength of this company include its land bank in the heart of Colombo and suburbs and the investment portfolio of quoted and non quoted companies. page 77- page 99 of Annual report 2019)
[size=33]some of its well-known brands[/size]
KOTAGALA
LANKEM
LAXAPANA
SUNQUICK
AGARAPATHANA
C.W. MACKIE
YORK ARCADE
E.B. CREASY & COMPANY PLC

skyfall

skyfall

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 5349
Reputation : 8
Join date : 2014-02-22

This has to be the only company in CSE that does over 40B turnover yet market cap below 4Billion.
They had a couple of rough years but now getting back to profitable state.
This should trade closer to Rs50 not Rs 16.

skyfall

skyfall

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 5349
Reputation : 8
Join date : 2014-02-22

Their 400k LOLC shares worth 260m and 1m COMB shares worth over 85m. Overall their portfolio worth well over 1b. That's just their portfolio. They owns many other listed companies such EBCR, Lankem KOTA, etc true value of the company should be over 20B.

skyfall

skyfall

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 5349
Reputation : 8
Join date : 2014-02-22

We have witnessed some movements in last few days. The share is clearly trying to come out of the wood. Once the overhang is cleared this will pass 20 as the 1st step.

arun.cse

arun.cse

Manager - Equity Analytics

Posts : 263
Equity Stars : 2171
Reputation : 2
Join date : 2019-02-28
Age : 37
Location : Colombo

seems CFLB moving

Biggy

Biggy

Senior Equity Analytic

Posts : 56
Equity Stars : 957
Reputation : 0
Join date : 2021-11-17

THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Screen10

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000)

1 Colombo Fort Land & Building PLC (CFLB.N0000) Fri Feb 05, 2021 2:33 pm

KILLER99

2 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Fri Feb 05, 2021 2:42 pm

vijay singh

3 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Fri Feb 05, 2021 2:48 pm

KILLER99

4 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon Feb 08, 2021 9:07 am

Kipling

5 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon Feb 08, 2021 9:49 am

KILLER99

THIS IS NOT TO PROMOTE BUY/SELL OR HOLD RECOMENDATION.

6 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon Feb 08, 2021 10:34 am

jason12

THIS IS NOT TO PROMOTE BUY/SELL OR HOLD RECOMENDATION.

7 THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue May 18, 2021 10:46 am

David VKMS

THE COLOMBO FORT LAND & BUILDING PLC

8 K Tue May 18, 2021 5:25 pm

Kipling

9 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue May 18, 2021 8:23 pm

THUWA

10 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon May 31, 2021 2:44 pm

Wolf86

11 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon May 31, 2021 8:07 pm

cseguide

12 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon May 31, 2021 8:33 pm

Thushara Ayya

13 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon May 31, 2021 8:47 pm

Wolf86

14 CFLB.......COLOMBO FORT LAND PLC Mon Oct 04, 2021 10:04 pm

sureshot

15 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon Oct 04, 2021 11:41 pm

Chathur

16 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Oct 05, 2021 12:37 pm

skyfall

17 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Wed Oct 06, 2021 6:53 pm

Kipling

18 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Thu Oct 07, 2021 3:52 pm

skyfall

19 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Thu Oct 07, 2021 5:16 pm

Kipling

20 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Fri Oct 08, 2021 1:07 pm

skyfall

21 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Oct 12, 2021 12:29 pm

skyfall

22 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 09, 2021 1:37 pm

skyfall

23 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Wed Nov 10, 2021 1:11 pm

skyfall

24 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Mon Nov 15, 2021 12:48 pm

arun.cse

25 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Wed Nov 17, 2021 10:35 am

Biggy

26 Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000)

Sponsored content

New topics